Mortgage Trading Group | Closing Costs

We can't tell you what every locality will charge for closing costs on a one page checklist. However, we can list all of the one time closing costs that you can expect to pay and, as an example, list typical amounts for an 80% Buncombe county, North Carolina mortgage loan in the amount of $100,000 at 7.50%. Please ask your loan officer for information on what typical charges will be in your location. Click here for our service guarantee.

Items Payable In Connection With Loan	Typical Charge
Loan Origination Fee 1%	$1,000.00
Loan Discount 1% (optional)	$1,000.00
Appraisal Fee	$300.00
Credit Report	$20.00
Lenders Administration Fee	$450.00
Items Required By Lender To Be Paid Advance
Prepaid Interest at $20.83 per day for 15 days	$312.50
Hazard Insurance Premium	$300.00
Reserves Required With Lender
Hazard Insurance	$50.00
Property Taxes	$500.00
Title Charges
Attorney's Fees	$400.00
Title Insurance Binder	$150.00
Government Recording and Transfer Charges
Recording Fees	$70.00
Additional Settlement Charges
Survey (if necessary)	$400.00
Pest Inspection	$65.00
Express Mail/Courier	$40.00
Total	$5,057.50

Click here for our service guarantee.

To recieve complimentary advice and join our mailing list please click below.

Click here to join | Click here to be removed

Equal Housing Opportunity
Mortage Trading Group, Inc.

Helpful Links-